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UK Department for International Development

Impact Programme - Investment to fund innovative solutions for development and help develop sustainable investment markets that work for the poor

UK aid from the British people

Project Data Last Updated: 04/09/2019

IATI Identifier: GB-1-202939


DFID is providing £757.3m over 23 years to catalyse the market for impact investment in Sub-Saharan Africa and South Asia, to improve the lives of at least five million poor and low-income people. Impact investments are those which have both a financial and social return by benefitting poor and low-income people through improved access to affordable goods and services and income generating opportunities. The Impact Programme has two components: investments and market building. CDC manages our investments through two funds. The first fund, the Impact Fund, launched in 2013 is a £305m fund of funds. The second fund, launched in 2015, is a £333m fund which makes direct investments into businesses that are highly developmental/transformative. Technical assistance is also being made available to the underlying investees. Our market building work (£30.5 million) complements our investments by providing the market infrastructure required for impact investing to scale.

Status - Implementation More information about project status
Project Spend More information about project funding
Participating Organisation(s) More information about implementing organisation(s)

Sectors groups as a percentage of country budgets according to the Development Assistance Committee's classifications.


A comparison of forecast spend and the total amount of money spent on the project to date.